The Santa Claus Rally Phenomenon And Its Origins – Go Health Pro

The Santa Claus Rally Phenomenon And Its Origins – Go Health Pro

The Santa Claus Rally refers to a historically observed stock market phenomenon where U.S. equity markets tend to perform well during the last five trading days of the year and the first two trading days of the new year. Historically, the average gain during this seven-day period is around 1.3%. As time has gone on, largely thanks to … Read more

Beijing tightens grip on renminbi after stimulus rally – Go Health Pro

Beijing tightens grip on renminbi after stimulus rally – Go Health Pro

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A strong rally in the renminbi is testing Beijing’s currency management policies, after China’s stimulus plans and the US Federal Reserve’s embrace of lower interest rates sent Asian currencies surging against the US dollar. The … Read more

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